3 Minute Binary Option Strategy

Note! If you are new to binary options and different strategies delight go to our strategy folio where we cover the topic comprehensively!

If y’all’ve studied and understood my previous posts about the fundamentals of binary option FX trading and binary options indicators, you are now ready to trade for real. Here are 3 dissimilar strategies that I use, choose 1 based on your risk appetite. Good luck!

Conservative Long-term Strategy

This strategy is for those who are new to this game and want to build upward their capital dull and steady. The point of this strategy is to minimize gamble and wait for the perfect setup on the chart.

In this case the perfect setup is using the ZigZag’southward final 2 points, and depict a Fibonacci between them in the direction of the tendency.

Draw your fibo from point 1 to signal 2 for a down trend, and vice versa for an uptrend. Your target is 161.8 projection level.

In order for the indicate to be fully valid, in that location has to exist a retracement to between 50 – 88.6. College the retracement goes, stronger the point. In the example above, the retracement happens next to the number 2 in the up left corner.

They key here is to be patient until all 3 factors line up.

The entry rule is:

–        Toll hits Fibonacci projection level 161.eight.

–        Toll is inside or outside of the bounds of the ruby aqueduct.

–        Value Chart hits level 8 or above

Your Expiry can be betwixt five and 20 minutes. And your target is 1-2 trades per day.

And money management suggestion for this strategy is to take 2 equal bids per day for xx days. Increase your position by 50% next solar day. If you lose, start with the concluding set of bids:

Day 1: ten + 10

Day 2: xv + fifteen

Day three: 21 + 21… and and then on. You lot should reach around 5k in profits inside twenty days, and next calendar month just first over or conduct on from where you left.

Top Brokers for Beginners

General risk warning: your capital is at hazard

* Amount is credited to account in instance of successful investment

Semi-Conservative Strategy

The semi bourgeois strategy involves four-6 trades per day. The rules are the aforementioned every bit for the conservative strategy, just with one exception: We take the trade at Fibonacci projection level 127 also every bit 161.8.

Now, for level 127 trades, I would advise not to take the trade with more 6 minutes to the expiry. This is because usually level 127 represents a consolidation level to describe buyers/sellers into the trend to get more than liquidity and the price usually carries on in the direction of the trend within the side by side 3 candles.

The rules for entry are the same as with the conservative strategy:

–        Value Chart hits level 8

–        Price is inside the scarlet zone

–        Cost hits the Fibonacci 127 project level

Use the same money management as with conservative strategy, but your earnings will increment faster.

And remember, You accept to stick with the entry rules.

At present, the below strategy is a very ambitious one that defines the means of sane trading. This strategy represents the apply of cost cycles and Fibonacci sequence in fast trading. Trades are non only taken at levels 127 and 161.8, merely likewise at breakouts. And Fibonacci levels are drawn for every bike. This strategy also exploit the full potential of value charts.

Above you learnt what you are hunting, where to find your prey, and how to pocketbook some prey steady and safe. Now, we volition go afterward the Big 5.

Aggressive Strategy

Look at the nautical chart below, how many price cycles do you meet?

Yep, 9 cycles. Now, change your zigzag indicator parameters to two,1,1. How many short-term price cycles do you see now?

Yup, 41+ curt-term toll cycles. In reality there are many many more, but let’south not make information technology besides difficult. Each of these cycles is a Fibonacci sequence with a high-depression-retracement-project-contrary. Look at the nautical chart below:

Now it gets complicated and wonderful:

1. The Fibonacci is drawn between points ane and 2 (in low-cal blueish)and marked on value charts the final high and depression, one and 2 respectively. Now we have the levels and expect for the retracement which tin be a wick, or a full candle. Above the retracement area is the white box marked by 3, and the green candle underneath touches that box.
2. The setup is ready when the retracement candle is followed by a red candle in the direction of the tendency. Now wake up.
3. The next red candle closes below the open of the green retracement candle, BUT it doesn’t touch value chart level six nevertheless, nor the regression channels inner band. This is marked past the low-cal bluish rectangle. So this is our beginning breakout candle of this specific sequence. We enter PUT ten seconds before the close of this candle, every bit the next candle Will Exist Bearish, with ninety% probability. This is marked by 3 PUT on the chart above.
4. The adjacent candle closes beneath our 100 Fibonacci level but DOES Not TOUCH LEVEL 127, which means it airtight beneath the low of our current sequence. Nosotros enter PUT 10 seconds before the close of this candle considering information technology will be followed by a bearish candle, or 2-3 bearish candles which will reach level Fibonacci level 161.8. This merchandise is represented on the chart by 1 PUT.
5. The last bearish candle hits Fibonacci level 161.8 and value nautical chart level -8 and likewise the outline of the red zone, and then we identify a Telephone call.

Within each price bike between 3 points there are on boilerplate 3 ITM merchandise setups during normal volatility trading atmospheric condition. And for this strategy it goes without maxim that if y’all don’t ‘feel’ the trade or something well-nigh the setup doesn’t seem right, don’t take information technology and look for the next one.

This strategy will produce around 100 setups per currency pair per day, so use it wisely, and exist very sure to learn information technology by heart earlier you jump in full steam.

The 3 strategies explained here piece of work for all currency pairs, bolt, stocks and indices. However, even with the bourgeois strategy, a trader can produce excellent results if they trade 5-6 avails, and have two high probability trades per nugget per solar day.

As usual leave comment below if you have whatever questions. Happy Trading!

Click here to read my next and last mail service in this mini series

Further reading:

• Trading Binaries with the Fibonacci Tool